In today’s briefing:
- MV US Listed Semiconductor 25 Index Rebalance: US$1.2bn Round-Trip Trade
- Newmont Corporation (NYSE: NEM) – Strong Q1, Tier 1 Growth Ahead, Significant Upside if Gold Holds
- [Quiddity Index] MV US Semiconductor Jun25 Rebalance Results: Flow Expectations
- Palantir’s Parabolic Surge: Meme Stock Mania Or AI Megatrend in Motion?
- DICK’S Sporting Goods Is Betting Big on Youth Sports—and It Could Be a $40 Billion Win!
- Elastic Ramps Up Cybersecurity Assault with Bold Security Platform Expansion!
- C3.ai Strikes Gold with Powerhouse Partnerships—Is Big Tech Its Secret Weapon?
- Interparfums Unveils Bold Luxury Push with New Premium Brand Additions!
- Dell Technologies: AI Server Integration & Backlog Growth As A Pivotal Growth Lever!
- GEN Digital Is Tapping Into Telecom & Employers—Can This Be The Biggest Driver Of Its Future Growth?
MV US Listed Semiconductor 25 Index Rebalance: US$1.2bn Round-Trip Trade
- There are no constituent changes for the VanEck Vectors Semiconductor (SMH US) ETF in June but there are a lot of float and capping changes.
- Estimated one-way turnover is 2.5% resulting in a round-trip trade of US$1.2bn. Impact on the stocks is small given they are highly liquid.
- There will be more flows in a lot of these stocks from trackers of the Technology Select Sector SPDR (XLK US). Broadcom (AVGO US) will have largest outflows.
Newmont Corporation (NYSE: NEM) – Strong Q1, Tier 1 Growth Ahead, Significant Upside if Gold Holds
- Recent Results: Newmont delivered a strong Q1 2025 performance with record free cash flow of $1.2 billion, driven by higher gold prices and increased production from Tier 1 assets.
- Future Plans: The company plans to ramp up Tier 1 output to ~6.7 Moz by 2028, led by projects like Ahafo North, Tanami Expansion 2, and Cadia block-cave development.
- Valuation Upside: If current gold prices around $3,400/oz persist, Newmont’s earnings could double vs. consensus, unlocking over 50% potential upside from current share levels.
[Quiddity Index] MV US Semiconductor Jun25 Rebalance Results: Flow Expectations
- The MV US Listed Semiconductor 25 index represents the performance of the biggest US-listed companies in the semiconductor industry.
- There will be no index changes for the June 2025 rebalance event.
- We expect a one-way flow of US$700mn for June 2025.
Palantir’s Parabolic Surge: Meme Stock Mania Or AI Megatrend in Motion?
- Palantir Technologies has become one of Wall Street’s most polarizing success stories in 2025.
- Riding a 76% year-to-date gain and clocking in at more than 460% over the past 12 months, the company’s stock has reached new highs, closing at a record for three consecutive sessions earlier this month.
- The surge puts it in league with speculative darlings like CoreWeave and even evokes comparisons to meme stock veterans such as GameStop.
DICK’S Sporting Goods Is Betting Big on Youth Sports—and It Could Be a $40 Billion Win!
- DICK’S Sporting Goods’ recent earnings revealed a robust performance in the first quarter of fiscal 2025, reflecting the effectiveness of its long-term strategies and operational improvements.
- The company reported a 4.5% increase in comparable store sales, marking the fifth consecutive quarter of such growth, and achieved a consolidated sales increase of 5.2% to $3.17 billion.
- These results were underpinned by a rise in both average ticket value and transaction volume, demonstrating strong consumer demand and engagement with DICK’S product offerings.
Elastic Ramps Up Cybersecurity Assault with Bold Security Platform Expansion!
- Elastic N.V. reported a strong fourth quarter, capping off fiscal 2025 with solid growth metrics and notable strategic advancements.
- The company’s revenue grew by 16% year-over-year, with Elastic Cloud revenue increasing by 23%, reflecting sustained demand for their solutions.
- Elastic’s efforts to penetrate both the enterprise and mid-market segments have borne fruit, as evidenced by the net increase in large customers—those spending over $1 million annually—by approximately 45 this year.
C3.ai Strikes Gold with Powerhouse Partnerships—Is Big Tech Its Secret Weapon?
- C3.ai has demonstrated dynamic progress and significant strides in its fiscal year ending April 30, 2025, highlighted by impressive growth metrics and strategic advancements.
- The company reported a 25% year-over year revenue increase, reaching $389.1 million, marking three consecutive years of accelerating revenue growth.
- This upward trajectory underscores the company’s effective strategies in the expansive Enterprise AI market.
Interparfums Unveils Bold Luxury Push with New Premium Brand Additions!
- Interparfums reported a 5% increase in net sales for the first quarter of 2025, with a 7% growth on a like-for-like basis.
- These results were driven by strong performances from brands such as Coach, Jimmy Choo, and Donna Karan, as well as newer entries like Lacoste and Cavalli.
- The company’s diverse product launches and agile supply chain supported its ability to adapt rapidly to market demands, although some challenges remain due to a shifting global landscape.
Dell Technologies: AI Server Integration & Backlog Growth As A Pivotal Growth Lever!
- Dell Technologies Inc.’s fiscal year 2026 first quarter financial results provide a mixed but generally positive view of the company’s current performance and future prospects.
- The company reported revenue of $23.4 billion, a growth of 5% year-over-year.
- This increase was driven by robust performance across its core markets, particularly in Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG), each growing by 8%.
GEN Digital Is Tapping Into Telecom & Employers—Can This Be The Biggest Driver Of Its Future Growth?
- Gen Digital’s latest financial results and strategic developments present a balanced picture of growth and ongoing transformation within the company.
- During the fiscal year 2025, Gen Digital demonstrated solid financial performance, highlighted by a record revenue of nearly $4 billion, a 4% year-over-year increase, and a non GAAP operating margin of 58.4%.
- This growth was driven by strong demand across Gen’s core cyber safety offerings, including security, privacy, and identity theft protection solutions.
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